Democratic Donor Tom Steyer had Offshore Accounts, Did Business with ex-Communist Chinese Leader’s Son

Billionaire Democratic donor Tom Steyer helped finance a company used by the family of China’s former head of state to park investments in overseas tax havens, leaked corporate documents reveal.

Steyer’s hedge fund joined a firm with ties to the family of China’s then-premier in an early investment round for a British Virgin Islands-based company, according to incorporation documents on file with a Singaporean corporate law and accounting firm at the center of a global scandal over opaque financial flows.